Foster Wheeler AG (Nasdaq: FWLT) announced that a subsidiary of its Global Power Group has been awarded a contract to design and supply a solar steam generator system for a plant located in Abu Dhabi, United Arab Emirates (UAE).
The equipment will be integrated into a solar thermal power plant using
concentrated parabolic trough technology and will have an installed
power output capacity of 100 MW (megawatts).
The system includes preheaters, drum-type evaporators, and superheaters, and Foster Wheeler will also provide site advisory services.
Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed, and the contract value was included in the company 3Q10 bookings. The equipment delivery is scheduled for 3Q11.
“This solar thermal power plant represents one of the first steps toward the introduction of sustainable energy sources in the region, representing a strategic development for this country,” said Eric Svendsen, CEO of Foster Wheeler Energia, S.L. in Madrid.
Foster Wheeler AG is a global engineering and construction contractor and power equipment supplier. The company is based in Zug, Switzerland.
